To view the PDF file, sign up for a MySharenet subscription.

DATATEC LIMITED - Logicalis acquires Cibercall in Colombia and Ecuador

Release Date: 09/11/2012 09:00
Code(s): DTC     PDF:  
Wrap Text
Logicalis acquires Cibercall in Colombia and Ecuador

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC

Logicalis acquires Cibercall in Colombia and Ecuador

Datatec Limited ("Datatec", “the Group” or “the Company”, JSE/AIM: DTC) the international
Information and Communications Technology (ICT) group, announces that its subsidiary Logicalis has
acquired the Colombian and Ecuadorian operations of Cibercall S.A. (“Cibercall”, the “Acquisition”).
The Acquisition will be made by Logicalis’ 60% subsidiary Promon Logicalis Latin America Limited.
The cash consideration has not been disclosed.

The Acquisition further builds Logicalis’ presence in Latin America, combining Cibercall’s local market
knowledge and strong customer relationships, with Logicalis’ existing ICT solutions portfolio, technical
expertise and sound financial position. Cibercall’s main vendor partner is Cisco Systems, and this
acquisition strengthens the already strong Logicalis - Cisco relationship.

Cibercall’s solutions portfolio includes implementation, support, training, help-desk and managed
services. Cibercall has 45 employees and achieved unaudited revenues in excess of $12 million in its
financial year ended 31 December 2011.

Jens Montanana, Datatec's Chief Executive commented:

“Cibercall’s solution offering and skill base is highly complementary to Logicalis’ and we
are delighted to have completed this transaction.

“This acquisition extends Logicalis’ Latin American footprint and will enable the business
to pursue a broader range of commercial and telecoms customer opportunities in the
region. Notably, it also provides significant presence in South America’s third largest
economy.”

Enquiries:

Datatec Limited (www.datatec.co.za)
Jens Montanana, Chief Executive Officer                            +44 (0) 1753 797118
Rob Evans – Chief Financial Officer                                +27 (0) 11 233 1221
Wilna de Villiers – Group Marketing Manager                        +27 (0) 11 233 1013

Jefferies International Limited – Nominated Advisor and Broker
Nick Adams/Alex Collins                                           +44 (0) 20 7029 8000

finnCap – Broker
Tom Jenkins/Henrik Persson                                        +44 (0) 20 7220 0500

College Hill
Adrian Duffield/Jon Davies/Rozi Morris (UK)                       +44 (0) 20 7457 2020
Frederic Cornet/Lexi Ball (SA)                                     +27 (0) 11 447 3030


9 November 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 09/11/2012 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story